6. What is the market value of a 5-year maturity and $1,000 par value bond with...
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6. What is the market value of a 5-year maturity and $1,000 par value bond with an 6% coupon interest rate? Assume that the investor's required rate of return from the bond is 8%. Assume that interest is paid annually. $800 $920.15 $1,000 $1,084.25 6. What is the market value of a 5-year maturity and $1,000 par value bond with an 6% coupon interest rate? Assume that the investor's required rate of return from the bond is 8%. Assume that interest is paid annually. $800 $920.15 $1,000 $1,084.25
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